184 Vernon StWorcesterMA01607
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Worcester at 184 Vernon St, Worcester, MA, 01607 generates $2,765/mo in rent, after a $3,165/mo payment. Total monthly income is $2,765/mo. Return on cash invested sits at 12.67% in year one, and rental yield is 5.13% on a $646,700 entry. Equity gained on principal adds $4,173/yr, while 5% annual appreciation builds toward $178,671 over five years. Five-year ROI reaches 64.14% and total cumulative return in cash sums $136,474. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,765/mo property income rather than buyer’s personal income.
Multi Family
Built in 1904
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01607, Worcester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,617 (100%) |
| Owner Occupied HU | 1,759 (38.1%) |
| Renter Occupied HU | 2,561 (55.5%) |
| Vacant Housing Units | 297 ( 6.4%) |
| Median Home Value | $375,391 |
| Average Home Value | $455,244 |
Housing Distribution
Address Breakdown
Residential
3,624
Single Family
3,161
Multi-Family
463
Businesses
237
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Listed by: N/A • N/A
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